A bipartisan deal that would reduce business taxes while expanding the child tax credit has set up a political dilemma for Speaker Mike Johnson (R-La.) as he weighs whether to bypass objections from within his own ranks to bring it to the floor as soon as next week.

Pushback to the tax bill from hard-line conservatives and Northeastern moderates — two factions that have long complicated the slim GOP majority’s ability to move legislation — means Johnson and GOP leadership have to make a choice between pushing through a bipartisan win for business or minimizing intraparty turmoil.

On the one end, swing-district Republicans from blue states who have long pushed to increase the state and local tax (SALT) credit have expressed frustration that their top priority — which is also opposed by many Republicans who argue it incentivizes high state taxes — was not included in the bill.

  • @Viking_Hippie
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    8 months ago

    Except he’s a giant hypocrite only pretending to be anti-corporate. His 5 largest donors are

    • House Freedom Fund

    • Q2 Banking

    • Cooper & Kirk (law firm specializing in fighting regulations on behalf of corporations)

    • Allegiance Refining LLC

    • Club For Growth

    All as pro-corporate swampy as it gets.